If this is your first visit, be sure to check out the FAQ by clicking the link above.
You may have to register before you can post: click the register link above to proceed.
To start viewing messages, select the forum that you want to visit from the selection below.

On the 13th day of the 13th year of this millennium, a revelation shall be made on that which has been revealed for the faithfuls! 3 companies shall stand out and surprise all. In the midst of the noise that shall follow, that which has been revealed shall be made manifest and the faithfuls shall rejoice in the fullness of time. For their time of rejoicing has come!

Aaargh Now that my stocks have started gaining. Its time to leave the market oooo. Let him who have ears hear. I have been waiting for the signal and the prophet himself have landed . No better tech or fundamental analysis beats the coming of Utuocha. When he appears , please flee from the market . Sell and Go

Aaargh Now that my stocks have started gaining. Its time to leave the market oooo. Let him who have ears hear. I have been waiting for the signal and the prophet himself have landed . No better tech or fundamental analysis beats the coming of Utuocha. When he appears , please flee from the market . Sell and Go

chei...u dey doubt the only prophet we get for here...abeg me don buy popcorn and diet coke, waiting for this prophesy..

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

Aaargh Now that my stocks have started gaining. Its time to leave the market oooo. Let him who have ears hear. I have been waiting for the signal and the prophet himself have landed . No better tech or fundamental analysis beats the coming of Utuocha. When he appears , please flee from the market . Sell and Go

Why should you sell and go? Some stocks are still going to very give good returns at the end of the 1st quarter. I expect profit taking to take place any moment from now, but i don't think it will take long before we see another rally.

Why should you sell and go? Some stocks are still going to very give good returns at the end of the 1st quarter. I expect profit taking to take place any moment from now, but i don't think it will take long before we see another rally.

Let's wait till February before we know if it'll take long or not. Don't ask me about February!

__________________For every buyer there is a seller, and the future will prove one of them to have made a mistake.

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

Market is taking a hit. As expected. Sanusi is snuffing the life out of the bulls with his OMO auctions.

The next thing to wait for is the December inflation rate. That will give a fair idea of what is expected from the market before bank results start rolling in. If inflation goes up, then, expect the bears to take a strangle hold and if it drops or comes out flat, then, market should trade sideways.

Regardless, the January bulls are done. And it is time to play the waiting game and allow the market to throw up bargains again.

Market is taking a hit. As expected. Sanusi is snuffing the life out of the bulls with his OMO auctions.

The next thing to wait for is the December inflation rate. That will give a fair idea of what is expected from the market before bank results start rolling in. If inflation goes up, then, expect the bears to take a strangle hold and if it drops or comes out flat, then, market should trade sideways.

Regardless, the January bulls are done. And it is time to play the waiting game and allow the market to throw up bargains again.

Market is taking a hit. As expected. Sanusi is snuffing the life out of the bulls with his OMO auctions.

The next thing to wait for is the December inflation rate. That will give a fair idea of what is expected from the market before bank results start rolling in. If inflation goes up, then, expect the bears to take a strangle hold and if it drops or comes out flat, then, market should trade sideways.

Regardless, the January bulls are done. And it is time to play the waiting game and allow the market to throw up bargains again.

Thanks sir KOD.

__________________
In love as in life, there is always hope that things will work out in
the end, but in the stock market, hope can destroy your portfolio.

Market is taking a hit. As expected. Sanusi is snuffing the life out of the bulls with his OMO auctions.

The next thing to wait for is the December inflation rate. That will give a fair idea of what is expected from the market before bank results start rolling in. If inflation goes up, then, expect the bears to take a strangle hold and if it drops or comes out flat, then, market should trade sideways.

Regardless, the January bulls are done. And it is time to play the waiting game and allow the market to throw up bargains again.

thank you bros; time to wait on the bank stocks once again! but one quick question; what did SLS do with the OMO auctions? were the rates there so interesting that investors decided to go there?

Anyway, now is the time to look for the stocks that defile SLS and all his OMO and even 'ELEPHANT' auctions

thank you bros; time to wait on the bank stocks once again! but one quick question; what did SLS do with the OMO auctions? were the rates there so interesting that investors decided to go there?

Anyway, now is the time to look for the stocks that defile SLS and all his OMO and even 'ELEPHANT' auctions

The issue we have on ground now is that yields on fixed income instruments went below 12.30% (inflation figure for November 2012; we are still waiting for December numbers) and then bounced back up. They are mostly at par with inflation now. That is a signal from the market that yields below inflation rates are not acceptable; market players are now getting sensible. That liquidity that surge that happened when yields jumped back to inflation levels had nowhere else to go and they were pumped into equities.

Then out of the blues the CBN started rolling out the OMO auction guns with yields above 13%, and funds flowed back into fixed income instruments. The CBN raised the tempo, like I said in an earlier post on this thread, and kept increasing the demand for cash through OMO auctions. It is the effect of the demand for cash we are seeing in the market now and funds as funds flow back.

Now if inflation figures for December are released and there is an uptick in the numbers, Sanusi would probably go crazy and might up it a little bit more by increasing the yields on the OMO further and the volume requested. Now, that will be bad for equities. He will step it down if there is no change in inflation or if it drops.

The issue we have on ground now is that yields on fixed income instruments went below 12.30% (inflation figure for November 2012; we are still waiting for December numbers) and then bounced back up. They are mostly at par with inflation now. That is a signal from the market that yields below inflation rates are not acceptable; market players are now getting sensible. That liquidity that surge that happened when yields jumped back to inflation levels had nowhere else to go and they were pumped into equities.

Then out of the blues the CBN started rolling out the OMO auction guns with yields above 13%, and funds flowed back into fixed income instruments. The CBN raised the tempo, like I said in an earlier post on this thread, and kept increasing the demand for cash through OMO auctions. It is the effect of the demand for cash we are seeing in the market now and funds as funds flow back.

Now if inflation figures for December are released and there is an uptick in the numbers, Sanusi would probably go crazy and might up it a little bit more by increasing the yields on the OMO further and the volume requested. Now, that will be bad for equities. He will step it down if there is no change in inflation or if it drops.

ok, thanks.. but looking at this from a different angle, dont you think it will result to more income for these banks that take part in the OMO?

which hopefully will be translated to more dividends for the shareholders... so the trick is to buy these stocks at good prices abi?